1024 W 42nd Pl
Los Angeles, CA, 90037
$599,900
Original list price: $660,000
MLS: DW26049012
Beds
2
Baths
1
Sq Ft
1,308
Lot
0.16 ac
Year Built
1909
MLS #
DW26049012
Days on Market
30
Listed
Mar 16, 2026
Description
Perfect to starter home with great potencial Near USC - High Upside Opportunity Attention investors and developers!!! Secure this value-add property in a prime location near USC with strong rental demand and long-term upside. This 2 Bed/1 bath home Property needs TLC is being sold as-is. Situated in a high-demand rental area, this property is well-positioned for student housing, long-term rental, or future redevelopment. Buyer to verify all permits, usage and development possibilities. Opportunities like this don't last, submit your offer today!
Location
Los Angeles, Los Angeles County, CA 90037
Open on Google Maps ↗Listed by: Jose Antonio Flores Hernandez · Century 21 Allstars
Payment estimate
$4,570
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $59,990 · Loan: $539,910
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,420
- Property tax (1.25%)
- $625
- Homeowners insurance
- $300
- Mortgage insurance
- $225
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $20,997 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90037 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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